Baron Durable Advantage Fund Market Value
| BDAUX Fund | USD 29.90 0.25 0.84% |
| Symbol | Baron |
Baron Durable 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Baron Durable's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Baron Durable.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Baron Durable on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Baron Durable Advantage or generate 0.0% return on investment in Baron Durable over 30 days. Baron Durable is related to or competes with Baron Intl, Baron Real, Baron Opportunity, Baron Real, Baron Small, Baron Asset, and Baron Durable. The fund invests primarily in equity securities in the form of common stock of U.S More
Baron Durable Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Baron Durable's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Baron Durable Advantage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.0219 | |||
| Maximum Drawdown | 5.8 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 1.47 |
Baron Durable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baron Durable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baron Durable's standard deviation. In reality, there are many statistical measures that can use Baron Durable historical prices to predict the future Baron Durable's volatility.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 0.0639 | |||
| Total Risk Alpha | 0.0054 | |||
| Sortino Ratio | 0.0183 | |||
| Treynor Ratio | 0.2261 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baron Durable's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Baron Durable Advantage Backtested Returns
At this stage we consider Baron Mutual Fund to be somewhat reliable. Baron Durable Advantage secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the fund had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Baron Durable Advantage, which you can use to evaluate the volatility of the entity. Please confirm Baron Durable's Risk Adjusted Performance of 0.083, downside deviation of 1.26, and Mean Deviation of 0.7724 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. The fund shows a Beta (market volatility) of 0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Baron Durable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baron Durable is expected to be smaller as well.
Auto-correlation | 0.49 |
Average predictability
Baron Durable Advantage has average predictability. Overlapping area represents the amount of predictability between Baron Durable time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Baron Durable Advantage price movement. The serial correlation of 0.49 indicates that about 49.0% of current Baron Durable price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Baron Durable Advantage lagged returns against current returns
Autocorrelation, which is Baron Durable mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Baron Durable's mutual fund expected returns. We can calculate the autocorrelation of Baron Durable returns to help us make a trade decision. For example, suppose you find that Baron Durable has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Baron Durable regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Baron Durable mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baron Durable mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baron Durable mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Baron Durable Lagged Returns
When evaluating Baron Durable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baron Durable mutual fund have on its future price. Baron Durable autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Baron Durable autocorrelation shows the relationship between Baron Durable mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Baron Durable Advantage.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Baron Mutual Fund
Baron Durable financial ratios help investors to determine whether Baron Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Baron with respect to the benefits of owning Baron Durable security.
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